Question 1

1. What does your revenue management service include?

Accepted Answer

We handle dynamic pricing for your short-term rental listings using market data, seasonality, events, and booking trends. You also receive a detailed monthly report with pacing, performance stats, and actionable insights to help optimize your revenue strategy.

Question 2

2. How much does your service cost?

Accepted Answer

We charge a flat monthly fee per active listing. The cost per listing is dependent on the number of listings you plan on being actively managed. This keeps things simple, transparent, and scalable as you grow your portfolio.

Question 3

3. Do you use software or manual pricing adjustments?

Accepted Answer

We use a hybrid approach—leveraging smart pricing tools and automation where it makes sense, but always reviewing pricing manually to make strategic adjustments based on your unique property and local market dynamics. We will make adjustments throughout the week, because every market is dynamic and change often!

Question 4

4. Do I need to give you access to my PriceLabs account?

Accepted Answer

Yes, access is needed so we can update your prices and gather performance data. We are part of PriceLab's Preferred Expert Program, so we have access to Beta programs for more secure access. We’ll guide you step-by-step through a secure setup process if you do not currently use PriceLabs.

Question 5

5. How often do you update my pricing?

Accepted Answer

We review and adjust pricing regularly— several times per week—to respond to changes in demand, seasonality, competitor behavior, and local events.

Question 6

6. What’s included in the monthly report?

Accepted Answer

You’ll get a clean, easy-to-read report showing pacing, booking performance, occupancy, ADR, RevPAR, and custom insights comparing your performance to the market.
Our reports include an internal section meant to stay between Enrich and You, and an owner facing report that is sleek and meant to provide the most important metrics that your property owners will care most about! We can add your branding to our reports!

Question 7

7. I am a property manager. If one of my clients has a question about pricing, could you step in and help answer their questions?

Accepted Answer

Absolutely! We’re more than happy to assist with any pricing-related questions from your clients. We understand that clear communication is key, so if your client has any questions about how their rates are set, why certain changes are being made, or how their performance compares to the market, we can provide detailed explanations and insights. You can either forward their questions directly to us, or we can work with you to address them together. We aim to support you and your clients to ensure everyone is aligned and comfortable with our pricing strategies. Our goal is to be an extension of your team, so you can market as such.

Question 8

8. Is there a minimum commitment or contract?

Accepted Answer

We offer flexible month-to-month plans. No long-term contracts required, though discounted rates are available for bulk listings or longer commitments.

Question 9

9. Can you help me improve occupancy or raise my nightly rate?

Accepted Answer

Yes! Our goal is to maximize your revenue, whether that’s through higher rates, improved occupancy, or better pacing. Each listing is analyzed individually for tailored recommendations.

Question 10

10. Why would I need Revenue Management if PriceLabs work well on its own?

Accepted Answer

PriceLabs and other dynamic pricing tools are great, but they are just that — tools. They automate pricing adjustments based on market data, but they don't replace the strategic thinking and decision-making of a skilled revenue manager. A true revenue management approach takes into account not just the data from PriceLabs, but also your specific business goals, local market trends, upcoming events, historical performance, and unique property characteristics. It involves setting strategies around minimum stays, booking windows, distribution channels, promotional opportunities, and even anticipating market shifts before the tools pick up on them. With revenue management, you’re not just reacting — you’re proactively steering your pricing and availability to maximize both occupancy and profitability.

Question 11

11. How do I get started?

Accepted Answer

Just reach out through our contact form or schedule a free intro call. We’ll get to know your listings, set up access, and start optimizing your revenue within a few days.

Frequently asked questions